What is the social insurance payment declaration system?

The social insurance payment declaration system refers to an institutional arrangement in which employers and insured individuals declare the number and amount of social insurance premiums paid to social insurance agencies within the prescribed time limit, and pay social insurance premiums to social insurance fee collection agencies in full and on time within the prescribed time limit after being approved by social insurance agencies. Implementing the social insurance payment declaration system and clarifying the legal responsibilities of the relevant subjects of social insurance relations are conducive to promoting employers to strengthen their awareness of social responsibility and consciously fulfill their statutory social insurance payment obligations.